How to open an FBS account?
Click the ‘Open account’ button on our website and proceed to the Personal Area. Before you can start trading, pass a profile verification. Confirm your email and phone number, get your ID verified. This procedure guarantees the safety of your funds and identity. Once you are done with all the checks, go to the preferred trading platform, and start trading.
How to withdraw the money you earned with FBS?
The procedure is very straightforward. Go to the Withdrawal page on the website or the Finances section of the FBS Personal Area and access Withdrawal. You can get the earned money via the same payment system that you used for depositing. In case you funded the account via various methods, withdraw your profit via the same methods in the ratio according to the deposited sums.
How to start trading?
If you are 18+ years old, you can join FBS and begin your FX journey. To trade, you need a brokerage account and sufficient knowledge on how assets behave in the financial markets. Start with studying the basics with our free educational materials and creating an FBS account. You may want to test the environment with virtual money with a Demo account. Once you are ready, enter the real market and trade to succeed.
How to activate Level Up Bonus?
Open Level Up Bonus account in web or mobile version of FBS Personal Area and get up to $140 free to your account.
Alcoa Corporation (a portmanteau of Aluminum Company of America) is an American industrial corporation. Alcoa is a major producer of primary aluminum, fabricated aluminum, and alumina combined, through its active and growing participation in all major aspects of the industry: technology, mining, refining, smelting, fabricating, and recycling. It is the world's eighth-largest producer of aluminum. Check Alcoa stock live chart here!
The company has begun its way in 1888, two years after Charles Martin Hall has discovered the process of smelting aluminum from bauxite ore. For the next century, it kept on acquiring other companies, opening new plants, and expanding its area. On November 1, 2016, Alcoa Inc. split into two new entities: Alcoa Corporation, which is engaged in the mining and manufacture of raw aluminum, and Arconic, which processes aluminum and other metals. Just in 2020 Alcoa Corp. has produced 48 million dry metric tons of bauxite. As for now, Alcoa has a market capitalization of over $7,77 billion.
You can trade contracts for difference (CFDs) on Alcoa stock. CFDs reflect the ALCOA stock price movement. It allows you to trade in both directions. In other words, you can gain from the price going up as well as from it going down.
You can also use leverage. This means that with only a small amount of money you can control much bigger financial positions. Always remember that leverage allows you to multiply your account. On the downside, you may lose a considerable part of it if the market goes against your trades. Make sure you learned How to choose stocks article!
What drives the ALCOA stock price?
As for the industrial corporation, Alcoa’s earnings depend on bauxite production, alumina production, and primary aluminum production. Alcoa's report of July 15, 2021, showed EPS of $1.49 vs. $1.61 estimates and revenue of $2.8 billion vs. $2.6 billion estimates, which caused a 10% bearish move. Earnings reports offer unique opportunities for traders. Learn how to trade earnings season in order not to miss it.
ALCOA H1 chart
2021-12-20 • Updated